Simple Tips To Repair Bad Credit Issues

ADVERTISING DISCLOSURE

ADVERTISING DISCLOSURE:
Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from most credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » Research » Guides » Building Credit History » Simple Tips To Repair Bad Credit Issues

Simple Tips To Repair Bad Credit Issues


Updated: December 26, 2012

The content is accurate at the time of publication and is subject to change.
Sometimes even though you plan in the best possible way things may not always happen according to plan. Sometimes, you expect that you will always have a job and enough money to pay for everything you planned but you may find that overnight you have more bills and no job. There can be situations where no matter what you do, you are unable to meet with your credit commitments but you do not have to suffer with the calls at all hours or from more prodding to pay than you can take. The Federal Trade Commission looks to protect the rights of consumers so that you get to use and maintain your credit in a reasonable manner. There are practical ways to sort out through your bad credit history and emerge out of it unscathed if you plan things out. Firstly debt and difficulty in meeting with payments is not a problem that is exclusive to you. There are many customers who have these issues and are part of the general population. What you need to do is figure out where the large chunk of bills is coming from. When you have a poor credit score, it affects almost every area of your life. Right form your loan payments, to your mortgage and your employment prospects. So it is a bad situation to be in. But the good news is you can improve your scores and your credit history and get it back to better than before if you wish to. The first thing to do is to begin at the beginning. Get a copy of your credit report. You are entitled to receive it annually and ideally you could request for a report from all three bureaus, Trans union, Experian and Equifax. If you get it from all three sources you will have a clearer picture of how things stand. If any firm denies your application for employment for insurance or credit card on account of your credit history then you have the right to request for clarification. They must provide to you clear reasons why along with a copy of your credit report. As a consumer, you also have the right to check your credit report carefully and file for a dispute should you see any discrepancies. If you find that your credit scores have been compromised or there are additional fees which are not to your knowledge then you have a right to question them. It is important that you keep clear records of all your transactions in the event of such disputes occurring. There are many instances where people have had their credit reports wrong because of an error on part of the bureau or due to identity theft. These can be raised as a concern and cleared with the authorities. There are also rules wherein even if you have a bad credit history the credit card companies may only contact you on the times specified and they cannot divulge or question your neighbors or colleagues about you or your whereabouts. Any such acts can be considered as an invasion of privacy and action can be taken against these.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.
Add to Favorites:
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.

Related Research:

Top 5 Cards for Travel from Our Partners: Autumn 2018 – Expert’s Choice

Top 5 Cards for Travel from Our Partners: Autumn 2018 – Expert’s Choice

Posted: February 12, 2018

Nights are drawing out, the wind is colder every day and you already feel the lightest breath of winter on your face - autumn is here. Holidays are over, kids are back to school and all you are left with are hefty holiday bills that you ... Continue reading
Cash Back or Travel Rewards? Here’s How to Decide On The Right Card

Cash Back or Travel Rewards? Here’s How to Decide On The Right Card

Posted: February 10, 2018

If you're trying to find the perfect rewards credit card, you might feel like you're drowning in options. There are just so many out there, and many of them look similar. This can make it tough to decide on a card. One thing people often ... Continue reading
Price Protection: Credit Cards That Will Refund a Price Drop

Price Protection: Credit Cards That Will Refund a Price Drop

Posted: February 8, 2018

Those who often find themselves buying stuff and then discovering that they could pay less for the same item they've just bought, will appreciate this credit card benefit – price protection. This is the least known and the most neglected ... Continue reading
You've successfully subscribed!

Please specify the following:All these fields are optional

Your Credit History
Themes you are interested in:

By providing this information you help us make our news letters more useful and informative. Thank you!